Page Four AMMAKVAMAKMIOI'O7OWO.‘, MW.eMIOIWA3Xr4';'W,f. WM;`,IaWAMA Small V • stors Are Fleeced out of millions of dollars every year by stock-selling schemes, deriving- from far away cities. If the propositions these outsiders offer you are so good, then why don't they finance them at home ? When in doubt, always consult your banker, he will never advise you wrong. Bank in your own town; if you invest, invest in your own town; keep your money in your own town and help bring money into it. It helps business in general, gives more employment and soon builds a, town to be proud of, a town in which we can REALLY LIVE. HOUTS & CHASE, Inc., have already arranged• for the erection of a building that will be the pride of State College, a building that is very much needed here; therefore it will not be an experiment, but a neces sity---and when we deal in necessities we deal in certainties, and to this end we do not hesitate in presenting to the investing public at home, where they can see for themselves, a business proposition worthy of attention. We feel that we are offering a business proposition with wonderful money making possibilities, one of the most superior enterprises to which public subscription has in recent years been invited. HOUTS & CHASE, Inc., is a corporation with - a capital stock of One Hundred Thousand Dollars ($lOO,- 000.00). Gold Debenture Bonds authorized One Hundred Fifty Thousand Dollars ($150,000.00). We propose erecting a brick and steel building having a frontage of 111 feet, a depth of 150 feet and six stories high. In one half of the basement we will run bowling alleys and the other half will be used as a storage for automobiles. The first floor and half of the second floor will be used as a department store, where" we will give to the town and country people and "students anything they need or wish. The other half of the second floor will be used as office apartments. The remaining four floors will be living apartments. There will be twenty large office apartments, eighty-eight three-room and bath living apartments; nineteen five-room and bath living apartments, and nineteen - six-room and bathliving'apartments. A reasonable rent from these apartments will net the stockholders a substantial dividend on their money invested and the bond holders have a good investment. - Our business is a necessity. Our possibilities are great. They can be made greater through co-operation of its many shareholders, because we deal only in NECESSITIES. Business based on this foundation is not affected by business depression in the business world. You have an opportunity NOW to become a shareholder in this great enterprise, and consequently will become a co partner in its business, and thereby derive their prorata share of its profits in dividends. A man's investments are his anchorage, his safety and his hope for the future. Why not consider our bonds, which have good, sound, dependable recommendations back of them and a real value to show the in-. vestor? You see what you buy and what your money is being used for. You worked hard for your money, now make it work hard for you VISION Keen Investors Will see the worth of this opportunity. Not only is the return on the invest ment guaranteed, but it actually has greater possibilities than you could get in either the average sound investment or by purchasing unsound stocks. The high character of our proposition makes it imperative that you act at once. For further information, call 74W or fill out one of the coupons and mail it to us at once. HOUTS AND CHASE INC., STATE COLLEGE, PA. YOU MAY SEND ONE OF YOUR REPRESENTATIVES lAM INTEREST ED NAME STREET • TOWN ROUTS & CHASE, Inc., Gold Debenture Bonds are in $lOO denominations, having coupons attached that bear 6 per cent per annum. Coupons are clipped each six months and turned in to the Company for cash. At the end of five years the Bonds are redeemed by the Company for $105.00. Should a bondholder wish to cash a Bond before the expiration of five years, he can do so by giving the Company 30 days notice, receiving the principal plus 5 "per cent. ALL BONDS ARE FREE OF TAXATION. - 3z; V3XGEMAKRWrM?;! , WAKMM=V3:IKAK,MMWMAMIMVAKC 3 : I :-:-:-:-:-:-:-t-x-t44-1- , ..:1»:-:-:-.:-:-:-:-:-:• , .-:-:-:-:-:-:-:-:-:-:-:-:-:÷1wm-H-14-:-:- ., +4•++ , , *.Krm•r====: , ==:<;.m :Nous Item clipped from Public Ledger end written by one of the best than del aulherltlm. In the 0011007. STOCKHOLDERS, LABOR'S - BEST FRIENDS, NOT FOES HABITS OF THRIFT LEAD TO CAPITAL, AND INVESTMENT FURNISHES MEANS TO OPERATE THE WHFELS OF PRODUCTION Just between °meshes, men% vie a little bit inclined to fight shy of the person who hasn't It cent to his n.ime , We have the feeling—bred by exper ience—that at ant moment he is likely to try to make a "touch". - " We don't hate this same attitude, this same feeling, toward the person be know has handled his monei prudently and has succeeded in accumulating a inspectable reserve against a maim day, do we,- Ss , . Inge should be put to use They should be dela/sited in the ett , inga bank of Inaome other bank, or Invested In bonds or mortgages or stocks or some other security Where money M deposited iri the savings bank or Invested directly in ne on Ides the saver of the money becomes, In reality, a security owner. Neither savings banks nor any other financial institutions can pay interest on deposits without putting the money to work That is_etill beyond dispute, isn't It? But now u mange thing happens While everybody applauds saving and the most useful employ meat of savings, a groat many persons, not a few poll. Miens, 00010 newspapers and numerous orators damn the savers when, by emplo)lng their soling. they become bondholders or stockholders. --Sovlnr is a - slew, but to put these saslngs to nork becomes a Questionable procedure. . . . Let us go one atop further and wik where we would be if there wore not any "unproductive stockholders," us Henry Ford sneeringly describes security holders • • . N - Vlio made bleary braid's own automobile company possible' The stock holdres oho originally advanced money to him Who make it possible for you and me to be marled to and from business by train or street car? Stockholder. Who made it posolble fm farmers to obtain reaper and binders and tractors to relieve them of the hardest utak of the farm? Stockholders Who made our vast telephone and telegraph bet vice possible" Stockholders The stockholder is among the Nation's greatest benefactors Ho is to b encomaged, not discouraged It is ho who makes it possible to provide wor for millions Ho is in reality the best friend the laboring man has ever had not his enemy. HOUTS AND CHASE INC. STATE COLLEGE, PA. Enclosed find check amounting to $ for which - deliver at once No. Gold Bonds It is understood these bonds are to be redeemed by your company at the end of 5 years at $5 00 above par., and that the interest (6%) is paid every April and October. , - NAME STREET TOWN 82131131 EM